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The Lone Star State Is Feeling Lonely At The Bottom Of The Cannabis Industry

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Texas’s medical marijuana program currently has 3,519 registered patients, a blip compared to its population size. Indeed, the program is among the most restrictive in the country. In addition to an extremely limited number of qualifying conditions (intractable epilepsy, terminal cancer, multiple sclerosis, Parkinson’s disease and Lou Gehrig’s disease or ALS to name the few), the program allows medical products that only contain 0.5% THC (the psychoactive ingredient in marijuana). Yet hemp and hemp-derived CBD products, which are federally legal and require no registration or restriction to purchase, contain 0.3% THC. The 0.2% difference is, generally speaking, negligible and likely the reason why more Texans are not registered for the medical cannabis program despite the fact that advocates say 2 million people would be eligible for it under the current law. As such, the state has only three licensed medical cannabis businesses and they are struggling to be profitable.

Source: https://cannabislaw.report/the-lone-star-state-is-feeling-lonely-at-the-bottom-of-the-cannabis-industry/

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